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Wholesale gas price hits highest level in 14 months after Russian supplies stop

www.theguardian.com 02-01-2025 02:19 1 Minutes reading

Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021

The wholesale price of gas has risen to its highest level in more than a year after Russian supplies stopped flowing to rest of Europe via Ukraine.

Benchmark prices rose on Thursday to the highest level since October 2023, a day after a longstanding transit contract between Russia and Ukraine expired. Russian gas deliveries across Ukraine ended in the early hours of New Year’s Day.

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04.01.25 07:09
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Asian American woman sues PayPal for racial bias in investment program

Nisha Desai is part of growing conservative push to curtail diversity, equity and inclusion initiatives in corporate US

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535m investment program to Black and Hispanic applicants, costing her millions of dollars.

Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.

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